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Hindelang Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected

Hindelang Inc. is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note that a project's projected MIRR can be less than the WACC (and even negative), in which case it will be rejected.

WACC:

8.00%

Year

0

1

2

3

4

Cash flows

-$850

$300

$320

$340

$360

a.

17.96%

b.

15.88%

c.

14.84%

d.

11.57%

e.

15.43%

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